NewsRajgor Castor Derivatives Promoters File No-Encumbrance Declarations for FY26 Under SEBI Takeover RegulationsRajgor Castor Derivatives Promoters File No-Encumbrance Declarations for FY26 Under SEBI Takeover Regulations
Two promoters of Rajgor Castor Derivatives Limited — Vasantkumar Shankarlal Rajgor and Maheshkumar Shankarlal Rajgor — filed no-encumbrance declarations dated April 2, 2026, confirming no encumbrance was created on the company's shares for the financial year ended March 31, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
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Two promoters of Rajgor Castor Derivatives Limited — Vasantkumar Shankarlal Rajgor and Maheshkumar Shankarlal Rajgor — have each filed formal no-encumbrance declarations dated April 2, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Both disclosures confirm that no encumbrance has been created on the company's shares held by the promoter group during the financial year ended March 31, 2026.
Declaration Details
Both declarations were submitted to the National Stock Exchange of India Limited and the Audit Committee of Rajgor Castor Derivatives Limited. The key details of each filing are summarised below:
| Parameter: | Vasantkumar Shankarlal Rajgor | Maheshkumar Shankarlal Rajgor |
|---|---|---|
| Designation: | Promoter | Promoter |
| Company: | Rajgor Castor Derivatives Limited | Rajgor Castor Derivatives Limited |
| Date of Declaration: | April 2, 2026 | April 2, 2026 |
| Financial Year Covered: | Ended March 31, 2026 | Ended March 31, 2026 |
| Regulatory Provision: | Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 | Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 |
| Encumbrance Status: | No encumbrance created | No encumbrance created |
Scope of the Declarations
Each declaration covers shares held directly or indirectly by the respective promoter, along with the broader promoter group and Persons Acting in Concert. Both Vasantkumar Shankarlal Rajgor and Maheshkumar Shankarlal Rajgor have confirmed that no new encumbrance has been made on the shares of Rajgor Castor Derivatives Limited beyond those already disclosed, for the financial year ended March 31, 2026.
Regulatory Context
Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 mandates that promoters and members of the promoter group of listed companies submit an annual declaration to the stock exchanges and the company's audit committee, confirming the encumbrance status of their shareholding. These filings by both promoters fulfil that statutory obligation for the relevant financial year.
Historical Stock Returns for Rajgor Castor Derivatives
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +1.59% | -4.68% | -11.81% | +1.82% | -63.34% |
How might Rajgor Castor Derivatives' clean encumbrance record influence institutional investor confidence and potential stake acquisitions in the company going forward?
Could the consistent no-encumbrance status of promoter holdings signal future capital-raising plans or strategic expansions in the castor derivatives sector?
How does Rajgor Castor Derivatives' promoter shareholding pattern compare to industry peers, and what implications could this have for potential takeover activity?
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